TBMC

Trailblazer Merger Corp I
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Company Information

Company Name
Trailblazer Merger Corp I
CIK
CIK0001934945
Category
Non-accelerated filer<br>Smaller reporting company<br>Emerging growth company
Ticker: Exchange
TBMC: Nasdaq, TBMCR: Nasdaq
Fiscal Year End
December 31
Owner Organization
05 Real Estate & Construction
SIC
6770
SIC Description
Blank Checks
Ticker
TBMC

SEC filing data through

Insider Sentiment

Last purchase
2023-03-31
Last sale
2024-10-11
Shares purchased (TTM)
0
Shares sold (TTM)
240,000
Buy ratio (TTM)0.0%

Institutional Sentiment

As of
2025-12-31
Institutional shares owned
83,239
Shares outstanding
3,976,169
Ownership
2.09%
-26.89% Y/Y

Earnings Market Reaction

Filing date
2026-03-10
Price on filing date
—
1-month reaction
…
3-month reaction
…
Drift continued4/6 (67%)
Faded / reversed2/6 (33%)

Balance Sheet

Values in millions ($)
Line item2025-12-312025-09-302025-06-302025-03-312024-12-312023-12-312023-09-302023-06-302023-03-31Subscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnSubscriber-only columnTrend
Related Party11-13300--
Assets Current
Cash And Cash Equivalents At Carrying Value000001111
Restricted Cash Current0-111----
Prepaid Expense Current000000000
Assets Held In Trust Current-24-------
Assets Current0241111111
Deferred Income Tax Assets Net------000
Marketable Securities Noncurrent-----73---
Prepaid Expense Other Noncurrent-----000-
Prepaid Expense Noncurrent000------
Assets Held In Trust Noncurrent4427272773727170
Assets42829282874737271
Accrued Liabilities Current-------00
Notes Payable Related Parties Classified Current--------0
Liabilities Current
Accounts Payable And Accrued Liabilities Current2222100--
Taxes Payable Current00111000-
Notes Payable Current------0--
Deferred Tax And Other Liabilities Noncurrent-----0---
Liabilities Current14347651110
Deferred Compensation Liability Classified Noncurrent-------2-
Deferred Income Tax Liabilities Net-----0---
Liabilities16369873333
Temporary Equity Carrying Amount Attributable To Parent4--272772717170
Stockholders Equity
Retained Earnings Accumulated Deficit-16-12-8-7-6-2-2-1-1
Stockholders Equity-16-12-8-7-6-2-2-1-1
Common Classa Subject To Redemption-----7007
Class Common Stock Not Subject To Possible Redemption--------2
Liabilities And Stockholders Equity42829282874737271
Over Allotment Option--------0
Sponsor--------0
Temporary Equity Shares Outstanding---227---
Temporary Equity Redemption Price Per Share---11.3311.1910.47---
Common Class A0-40420072
Common Class B0-00000000
Preferred Stock Par Or Stated Value Per Share0.000.000.000.000.000.000.000.000.00
Preferred Stock Shares Authorized111111111
Preferred Stock Shares Issued--------0
Preferred Stock Shares Outstanding--------0
Common Stock Subject To Forfeiture--------0

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Recent filings

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Trailblazer Merger Corp I (TBMC) — SEC Financial Statements & Analysis

Trailblazer Merger Corp I (TBMC) is a blank checks company, incorporated in DE. Trailblazer Merger Corp I trades on Nasdaq as: TBMC, TBMCR. Trailblazer Merger Corp I (TBMC)'s most recent SEC filing is a Form 10-K for the period ended 2025-12-31, filed with the SEC on 2026-03-10. Based on its latest SEC filing (Form 10-Q, period ending 2025-12-31), On profitability, Trailblazer Merger Corp I posts a Return on Equity (ROE) of 75.29% and a Return on Assets (ROA) of -51.74%. Per share, it reports EPS of $-2.08, diluted EPS of $-2.08, free cash flow per share of $-0.64, and a dividend per share of $0.00. Over the trailing year, it posted net income growth of -619.16% year-over-year and EPS growth of -1122.42% year-over-year. On the balance sheet, it maintains a current ratio of 0.02x, a quick ratio of 0.01x, working capital of $-13.96M, a debt-to-equity ratio of -1.02x, a debt ratio of 3.77, free cash flow of $-2.55M (TTM), and net debt of $-206.53K. Figures sourced from SEC EDGAR.

EPS TTM
$-2.08
ROE TTM
75.29%
ROA TTM
-51.74%
Debt To Equity
-1.02x
Free Cash Flow TTM
$-2.55M

Data as of 2025-12-31 · Source: SEC EDGAR

Frequently Asked Questions

What industry is Trailblazer Merger Corp I in?

Trailblazer Merger Corp I (TBMC) operates in the Blank Checks industry.

What exchange does TBMC trade on?

Trailblazer Merger Corp I (TBMC) trades on the Nasdaq.

Where is Trailblazer Merger Corp I incorporated?

Trailblazer Merger Corp I is incorporated in DE.

When was Trailblazer Merger Corp I (TBMC)'s most recent SEC filing?

Trailblazer Merger Corp I (TBMC)'s most recent SEC filing is a Form 10-K for the period ended 2025-12-31, filed with the SEC on 2026-03-10.

What is TBMC's EPS (earnings per share)?

Trailblazer Merger Corp I (TBMC)'s trailing twelve month EPS is $-2.08 as of 2025-12-31.

What is TBMC's ROE (return on equity)?

Trailblazer Merger Corp I (TBMC)'s trailing twelve month Return on Equity (ROE) is 75.29% as of 2025-12-31.

What is TBMC's ROA (return on assets)?

Trailblazer Merger Corp I (TBMC)'s trailing twelve month Return on Assets (ROA) is -51.74% as of 2025-12-31.

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